A. Dale "Bud" Mayo
A. Dale “Bud” Mayo is an American business executive and digital cinema entrepreneur. He is the CEO business advisory firm A. Dale Mayo & Associates, Inc., and also served as chairman of New Vision Entertainment Group, LLC. and Chairman of the Board of Meta Media Tech LLC. Earlier in his career, he was the founder of Digital Cinema Destinations Corp. and has served as chairman and chief executive officer since its inception in July 2010.[1][2]
A. Dale “Bud” Mayo | |
---|---|
Born | A. Dale Mayo Brooklyn, New York, U.S. |
Education | Stuyvesant High School |
Alma mater | New York University |
Occupation(s) | Chairman Cofounder New Vision Theatres and New Vision Entertainment |
Website | www |
Mayo retired as a board chair of B2B security company, Riskband/Whereable Technologies, and he has founded and operated several entertainment and tech companies over a more than entrepreneurial 40 years following stints at IBM and Wall Street.
Early life and education
Mayo is from Brooklyn and graduated from Stuyvesant High School and New York University.[3]
Career
Mayo is best known as President and CEO of A. Dale Mayo & Associates, Inc. business advisory services, which he founded in 1969.
New Vision Cinemas. Co-founder and non executive chairman April 2017-November, 2019
Carmike Cinemas: President, Alternative Programming 2014–2016 when Carmike was acquired by AMC.
Digiplex
Founder, chairman and CEO from 2010 to 2014. Merged into Carmike Cinemas in 2014. Digital Cinema Destinations Corp. is also known by its brand, Digiplex Destinations. The company was dedicated to transforming movie theaters into interactive entertainment centers and provide consumers with uniquely satisfying experiences, combining state-of-the-art digital technology with engaging, dynamic content including live sports events, concerts, conferences, operas, video games, auctions and fashion shows in addition to major motion pictures. Digiplex is also a founding partner in DigiNext, a unique, specialty content venture featuring curated content from film festivals around the world.[4][5]
Digiplex operates 20 cinemas and 192 screens spanning the country from the Mid-Atlantic region to California.[6] On May 15, 2014 an announcement was made that Carmike Cinemas intends to purchase 100% of Digiplex.[7] The June 12, 2014 issue of Variety lauded the expansion of Digiplex's successful Alternative Programming into the expanded platform of the Carmike circuit.[8]
Since the earliest stages of the exhibition industries transition from film to digital, Mayo has been an outspoken evangelizer about the benefits that Digital Cinema brings to operators and audiences alike.[9] He has been a strong advocate of "Day-Part Programming", that would align the technological capabilities of Digital Cinema with the varying audiences that tend to visit theaters throughout the typical course of the year.[10]
Cinedigm
Mayo was the founder, chairman, president and chief executive officer of Cinedigm, a pioneer in the digital cinema industry, from April 2000 until his retirement in June 2010.
During his tenure, Cinedigm completed an IPO in 2003 and financings in excess of $600 million. Cinedigm lead the way for the transition from film to digital, a revolutionary shift for the entire motion picture industry. Cinedigm continues to provide expanded content for moviegoers as well as enabling software and integration services for producers, distributors, and exhibitors.[11]
Early career
From 1976 to 1993, Mayo was the founder, chief executive officer and sole shareholder of Clearview Leasing Corporation which completed more than $200 million in equipment lease transactions. He began his career with IBM as a computer salesman in 1965 and later co-founded more than a dozen computer services companies. During the 1970s, he served in various corporate finance positions on Wall Street.
In recognition of his contributions to the motion picture exhibition industry, Mayo was inducted into the film exhibition Hall of Fame at the industry's Show East conference in October 2010 and earned a Telly Award in 2009. He was recipient of the Ernst & Young’s 2006 Regional Entrepreneur of the Year Award[12] and has the distinction of being nominated a second time for the 2014 Entrepreneur of the Year.[13] In 2017 he was inducted into the Box Office Hall of Fame. In 2018 he received the Paul Rogers Leadership Award from the Geneva Convention. He has served on the board of advisors of the Motion Picture Pioneers/Will Rogers Foundation for more than 25 years.
Personal life
Mayo lives in Point Pleasant, New Jersey[3] and Rancho Palos Verdes, California.
Live theater & civic activity
Mayo has had a decades-long involvement in the performing arts in New Jersey. He served as a board member and chairman of the John Harms Center, predecessor of Bergen PAC.[14] Since 1994, he has been instrumental in the development of the Community Theater of Morristown mayoarts.org serving as a board member and holding various positions including member of the Finance Committee, president/CEO and chairman. In recognition of his contributions, the Community Theater was renamed the Mayo Performing Arts Center in 2011.[15] aka MPAC. (www.mayoarts.org ).Mayo has also served as a trustee of the Ocean Medical Center Foundation.[16]
References
- wnich was sold to Carmike Cinemas in 2014, where he was president of alternative programming Initial Public Offering Prospectus | SEC Filing
- Digital Cinema Destinations Corp. Stock Quote & Summary Data | Digital Cinema Destinations Corp. Stock Quote & Summary Data
- "Movie buff's vision: founder of N.J. cinema chain sees world of possibilities". NJ.com. 20 January 2013. Retrieved 8 August 2015.
- SEC Form 8-K "Digital Cinema Destinations Corp. |NASDAQCM:DCIN| | June 25, 2012 Unique Specialty Content 'DigiNext' Joint Venture with Nehst
- Village Voice Film Review | Diginext Theatrical Release: THE AMERICAN NURSE, Documentary
- Official Web-site Theater Locations Archived June 14, 2014, at the Wayback Machine | Digiplex Locations
- Verrier, Richard (16 May 2014). "Carmike Cinemas to buy Digiplex chain". Los Angeles Times. Retrieved 2017-02-28.
- Alternative Programming strategy fast-forwards to larger national platform | Variety: Digiplex CEO on Carmike Deal, "We’re Fast-Forwarding Into a National Platform"
- Movie buff's clear vision Founder of cinema chains sees a world of possibility in Jersey | Rose, Lisa January 20, 2013 Star-Ledger Pg. 001
- Alternative opinions: leading exhibitors reflect on new forms of programming; Interview Archived 2013-07-14 at the Wayback Machine | Film Journal International April 1, 2013 Pg. 37(5) Vol.116 No. 4 ISSN 1526-9884
- Cinedigm Bud Mayo Founder Of Cinedigm|NASDAQ:CIDM | Cinedigm Corporate Wiki Entry
- Ernst & Young Entrepreneur Of The Year | Mayo Earns Ernst & Young Entrepreneur of the Year 2006
- County College of Morris Leadership Award Gala Archived July 15, 2014, at the Wayback Machine | CCM Leadership Award 2014
- Bergen Performing Arts Center | History of Bergen PAC
- Coughlin, Kevin. "Morristown's Mayo Performing Arts Center getting facelift for 75th birthday". MorristownGreen.com. Retrieved 14 July 2017.
- Ocean Medical Center Board Archived June 14, 2014, at the Wayback Machine | Mayo Joins Ocean Medical Center Foundation Board
External links
- Ellingson, Annlee October 15, 2012 L.A.Biz Who's stressed about digital cinema? Not Digiplex's Bud Mayo
- Dickson, Glen March 24, 2014 Chicago Tribune CinemaCon: Exhibitors Search for Alt. Content to Fill Weeknight Seats
- O'Brien Kathleen September 28, 2012 Star-Ledger Pg. 001 Controversial Obama film makes a strong showing at Jersey theaters